Ripple CEO: SEC drops appeal of case against crypto company

Crypto's long battle with SEC comes to a close with Ripple victory

Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle between the regulator and crypto.

XRP jumps 8% after Ripple's CEO says SEC has dropped its case against the crypto currency

BANGKOK (AP) — The price of XRP jumped more than 8% Thursday after the CEO of cryptocurrency company Ripple said U.S. regulators have dropped its four-year-old case against the company. The Securities and Exchange Commission sued Ripple and two of its executives in late 2020 after they raised $1.4 billion by selling XRP crypto coins. […]

SEC drops case against crypto firm with ties to Trump, CEO says

The Securities and Exchange Commission has ended its yearslong case and appeal against a cryptocurrency firm whose CEO has ties to the White House, the CEO said Wednesday. Brad Garlinghouse, the CEO of Ripple Labs, said on the social media platform X that the case against his company “has ended.” “Today is a victory — and a long overdue surrender by the SEC,” he said. An SEC spokesperson declined to comment to ABC News. The move, which was not c…

Ripple CEO: SEC drops appeal of case against crypto company

(The Center Square) – The U.S. Securities and Exchange Commission under the Trump administration is dropping its appeal in its lawsuit against Ripple, a blockchain-based digital payment company, Ripple CEO Brad Garlinghouse said Wednesday.

XRP soars after Ripple CEO says SEC dropping lawsuit against crypto firm: CNBC Crypto World

On today's show, major cryptocurrencies rise as the Federal Reserve hold rates steady as expected. Plus, U.S. Democratic lawmakers raise concerns over President Trump's crypto ties in a letter sent to the White House chief of staff, while the North…

Why is XRP up today? Crypto coin price surges after Ripple CEO says SEC dropped landmark lawsuit

Ripple’s cryptocurrency XRP has spiked after the SEC said it would drop its lawsuit alleging that the company was selling unregistered securities. The price for XRP has gone up by 14% after the Wednesday morning announcement. The SEC’s move is just one of many instances of the agency beginning to ease up on the cryptocurrency industry during the Trump presidency. In December, CNBC named XRP “the biggest winner” of the post-election economy. Sinc…